LADR vs RITM: Correlation
How closely do Ladder Capital Corp (LADR) and Rithm Capital Corp. (RITM) trade together? Their weekly returns over three years give a correlation of 0.66, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LADR and RITM?
Over the past 3 years, LADR and RITM moved with a correlation of 0.66, which is strong. The link has loosened recently: the 1-year correlation (0.39) runs below the 3-year figure (0.66). Over 5 years the correlation is 0.75, and the annualized covariance of weekly returns is 262.6 %².
By 3-year correlation, RITM places #5 of the 18 assets tracked against LADR. Twelve-month performance is nearly a tie, at -6.7% for LADR and -10.6% for RITM.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
LADR vs RITM: side by side
| LADR (Ladder Capital Corp) | RITM (Rithm Capital Corp.) | |
|---|---|---|
| 1-year return | -6.7% | -10.6% |
| 5-year return | +32.1% | +53.6% |
| Volatility (ann.) | 19.1% | 20.9% |
| Beta vs S&P 500 | 0.50 | 0.67 |
| Max drawdown (3Y) | -15.3% | -27.3% |
| Market cap | $1.2B | $5.6B |
| P/E (trailing) | 23.4 | 16.7 |
| Dividend yield | 9.33% | 9.92% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LADR | RITM |
|---|---|---|
| 2022 | -9.0% | -14.4% |
| 2023 | +25.2% | +45.6% |
| 2024 | +5.5% | +11.1% |
| 2025 | +6.7% | +10.1% |
| 2026 | -6.3% | -3.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LADR and RITM good diversifiers for each other?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between LADR and RITM?
The LADR/RITM correlation stands at 0.66 on a 3-year window (1 year: 0.39, 5 years: 0.75), computed from weekly returns as of 2026-08-27.
Is RITM a good diversifier for LADR?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.66 mean?
A reading of 0.66 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ladr-vs-ritm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ladr-vs-ritm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LADR correlations · RITM correlations